Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 2, 2026, Realty Income Corporation (O) has a Wall Street consensus price target of $63.38, based on estimates from 33 covering analysts. With the stock currently trading at $67.00, this represents a potential downside of -5.4%. The company has a market capitalization of $62.58B.
Analyst price targets range from a low of $60.00 to a high of $69.00, representing a 14% spread in expectations. The median target of $63.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 13 analysts rating the stock as a Buy or Strong Buy,17 rating it Hold, and 3 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, O trades at a trailing P/E of 57.3x and forward P/E of 41.8x. The forward PEG ratio of 80.25 reflects a premium valuation. Analysts expect EPS to grow +37.0% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $87.47, with bear and bull scenarios of $51.32 and $146.52 respectively. Model confidence stands at 54/100, reflecting moderate uncertainty in projections.
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Start ComparisonWall Street's consensus price target for O is $63.38, -5.4% from its current price of $67. The below-market target from 33 analysts suggests limited near-term appreciation.
O has a consensus rating of "Hold" based on 33 Wall Street analysts. The rating breakdown is mixed, with 17 Hold ratings making up the largest segment. The consensus 12-month price target of $63.38 implies -5.4% downside from current levels.
At a forward P/E of 41.8018x, O trades at a premium valuation. The consensus price target of $63.38 (-5.4% downside) suggests analysts may view current valuations as stretched.
The most bullish Wall Street analyst has a price target of $69 for O, while the most conservative target is $60. The consensus of $63.38 represents the median expectation. Our quantitative valuation model projects a bull case target of $147 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
O is heavily covered by Wall Street, with 33 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 13 have Buy ratings, 17 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month O stock forecast based on 33 Wall Street analysts shows a consensus price target of $63.38, with estimates ranging from $60 (bear case) to $69 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $87, with bear/bull scenarios of $51/$147.
Our quantitative valuation model calculates O's fair value at $87 (base case), with a bear case of $51 and bull case of $147. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 54/100.
O trades at a forward P/E ratio of 41.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 57.3x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on O, with 3 Sell ratings and a price target of $63.38 (-5.4% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
O analyst price targets range from $60 to $69, a 14% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $63.38 consensus represents the middle ground. Our model's $51-$147 range provides an independent fundamental perspective.